Matter Budgeting video
Every phase priced from the firm's own closed matters, every time entry mapped to its phase each morning, and the client's variance notice drafted before the line is crossed. 1:19
What the film shows
Builds a phase-by-phase matter budget from past matters and tracks actuals against it live
Agents find comparable closed matters and price each phase from them; the pricing analyst chooses the matters and the partner approves the budget. Every morning agents map new time entries to phases, flag miscoding and forecast each phase's finish. When a forecast crosses the client's notice line they read the guideline, start the clock and draft the notice; the project manager reviews it and the partner sends it.
Transcript
- Matter Budgeting builds phase budgets from past matters and tracks actuals live, for trial firms.
- Only one outside-counsel matter in five stays within budget.
- A pump maker's defense: 1.46 million dollars, from nine past matters.
- Every number shows the past matters that set it.
- Each morning, agents map new time to phases and flag a miscoded entry.
- Each phase is a dated bar that fills, with the notice line drawn.
- Depositions pass ninety percent; the forecast reads 312 thousand against 240.
- The client wants notice before ten percent over, within five business days.
- The notice is already drafted, with the cause and revised budget.
- Wyatt sends it eight weeks before the overrun reaches a bill.
- Built on Botminds: agents, data, screens and governance on one platform.
The narration as written for the film. Captions are on the player.